Esaar India Board Approves Capital Increase to Rs 81.50 Crores and Fund Raising Proposal
Published on: Feb. 25, 2026, 7:11 p.m. | Source: scanx.trade
Esaar India Ltd's board meeting on February 25, 2026, approved increasing authorized capital from Rs 61.50 crores to Rs 81.50 crores and granted in-principle approval for fund raising through various modes including rights issue and qualified institutional placement. The board also approved the regularization of Mr. Shivanshu Pandey as Director and re-appointment of Mr. Vaibhav Shastri as Independent Director for a second five-year term. An Extra-Ordinary General Meeting has been scheduled for March 23, 2026, via video conferencing to seek shareholder approval for these proposals.
